Post
Topic
Board Marketplace (Altcoins)
Re: [GroupBuy/Hosting] [EU-PL] KnC Titan - 100 Mh/s LTC Miner (100 shares per unit)
by
whoiis
on 21/03/2014, 04:02:37 UTC
So fees are 12% plus power costs?
Any other costs?
PS. Where can I see how many shares were bought?

This does seem a bit expensive if I must be honest.  12% hosting fee, 2,2% markup on the starting price (16,63 compared to 17 btc) AND $0,19/kWh.

All this information are in OP, pleas read carefully and with understanding :

Quote
9. Pricing

Today (19.03.2014) device price was 16.63 BTC with delivery, we count it like 17 BTC (because price fluctuations and additional connecting cost, but all transaction and orders will be transparent and over payed BTC will be split with first dividends, same like over payed cost will be split between shareholders).

A: For all our HOSTING service we asking for a 12% of hashing power.

12% of hash power are final HOSTING cost.
This "2,2% markup" are only to cleaning the transaction for shares and like we statement in OP :
Quote
All transaction and orders will be transparent and over payed BTC will be split with first dividends, same like over payed cost will be split between shareholders.

Because BTC price are going down right now doubtless we will must pay more BTC for the devices from our pocket, and we will take this differences from first dividends.

Some body think this is not fair?
So the 12% cover electricity?
Please be more specific.
Can you provide proof of purchase for the 15 you ordered?
PS. Don't get me  wrong, I want to join your GB, but want to have laid out all costs/fees etc beforehand